Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Ecuador - 2022
Contents:
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Ecuador (CIF) - 2022
- Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Ecuador (FOB) - 2022
- Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Ecuador
- Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Ecuador
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Ecuador (CIF) - 2022
The average import price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $8,621 per ton in 2022, rising by 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The import price peaked at $9,333 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Uruguay ($8,634 per ton), while the price for Argentina amounted to $8,581 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+2.0%), while the prices for the other major suppliers experienced a decline.
Price for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Ecuador (FOB) - 2022
The average export price for wool; (not carded or combed), degreased, (not carbonised), shorn stood at $4,329 per ton in 2022, waning by -3% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2016 when the average export price increased by 6.2% against the previous year. Over the period under review, the average export prices attained the maximum at $4,464 per ton in 2021, and then shrank in the following year.
As there is only one major export destination, the average price level is determined by prices for Chile.
From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +2.1% per year.
Imports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Ecuador
In 2022, approx. 35 tons of wool; (not carded or combed), degreased, (not carbonised), shorn were imported into Ecuador; declining by -18.1% against 2021. Over the period under review, imports continue to indicate a mild descent. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. As a result, imports reached the peak of 42 tons, and then fell markedly in the following year.
In value terms, imports of wool; (not carded or combed), degreased, (not carbonised), shorn fell to $298K in 2022. Overall, imports showed a noticeable reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 2.4% against the previous year.
| Import of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 244 | 233 | 144 | 228 | -2.2% |
| Argentina | 15.7 | 12.5 | 106 | 70.8 | 65.2% |
| Chile | 78.4 | 73.2 | 63.8 | N/A | -9.8% |
| Turkey | N/A | N/A | 12.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 338 | 318 | 326 | 298 | -4.1% |
Top Suppliers of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn to Ecuador in 2022:
- Uruguay (26.4 tons)
- Argentina (8.2 tons)
Exports of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Ecuador
In 2022, shipments abroad of wool; (not carded or combed), degreased, (not carbonised), shorn increased by 3.8% to 13 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a noticeable contraction.
In value terms, exports of wool; (not carded or combed), degreased, (not carbonised), shorn reached $55K in 2022. In general, exports, however, recorded a relatively flat trend pattern.
| Export of Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 56.1 | 55.4 | 54.7 | 55.0 | -0.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 56.1 | 55.4 | 54.7 | 55.0 | -0.7% |
Top Export Markets for Wool; (Not Carded or Combed), Degreased, (Not Carbonised), Shorn from Ecuador in 2022:
- Chile (12.7 tons)
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